CrowdGather Inc (OTC:CRWG) has been jumping up and down uncertainly over the past days. The stock has been either on 
high, or on low trade and currently the price hesitations continue.
Yesterday, CRWG fell down again, losing approximately 7% of its price and trading over 308 shares on the market. Looks like investors are not convinced the stock is the best choice for them and its price is decreasing.
The most probable explanation on yesterday’s loss appear to be the latest forms that CrowdGather filed with the SEC two days ago. The documents were related to the company’s shares of common stock and look quite contradictory.
According to the company’s statement, its shareholders may offer shares of its common stock for resale on the OTC Bulletin Board and OTCQB, however, they have to carefully consider all the risk factors first that are definitely confusing.[BANNER]
Despite the fact that by end-January revenues of CrowdGather have increased, the company’s net loss is higher as compared to the revenues, just like its operating expenses. Besides, CRWG has a history of net losses, which they expect to continue and which may negatively impact the company’s ability to achieve its business objectives.
Based on the results, the management claims it need additional financing in order to execute their operations and a failure to obtain it could have a material adverse effect on its business. These statements, accompanied by the rest of risk factors mentioned in the company’s document, raise a bunch of questions on the future operation of CrowdGather and on its stock price.
